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Source:
الوطن
Endowment Revival Rewards
The General Authority for Awqaf has adopted regulations for reviving unidentified and inactive endowments. They offer a person who reports an endowment a reward of up to 5% of its value, capped at 10 million riyals. The committee may include more than one reporter, or anyone who helped resolve the endowment’s status, in the reward. To qualify, the report must be accepted and the matter fully resolved. The reporter must not be the endowment’s trustee or someone who has encroached on it, and must submit valid supporting documents through the approved channels. Revival measures may include leasing, investment, or merging or partnering with other endowments. The trustee of an inactive endowment is also given one year to address its status, with the option of a one-year extension.
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